Croc the stock hit 45 cents on expectation of funding through the bond issue. This never materialised!The price has been on a downward trajectory since then. Now WKT are in the invidious position of having to raise capital(At a likely discount) just to keep the lights on.
Talk of bank finance is premature IMO.
CR at sub 10cents is looking increasingly likely.
Not Long Now until the cap raise?, page-117
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